Strategic Management Process

Question 1: What are the five most frequently used and dependable strategic approaches in business? Provide 2 examples (for each approach) of companies that utilize the strategic approach, and explain why this approach works so well and allows them to be successful in their market.
Address Question 2 in your own words and in a clear and concise manner.
—What do the authors of the text mean when they use the term strategic uniqueness? Can you think of a business in your local area that utilizes this? Explain.

Step 4: Address Question 3 in your own words and in a clear and concise manner.
—Explain how a company’s strategy can and should evolve over time.

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